LARVIK BILGLASS AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

30,18 %

Current Ratio

2,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 390 000	5 540 000	5 052 000	5 403 000
Net Income	182 000	336 000	379 000	147 000
Total Assets	1 084 000	1 217 000	1 081 000	1 009 000
Total Equity	603 000	421 000	385 000	606 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 390 000	5 540 000	5 052 000	5 403 000
Expenditure	5 143 000	5 108 000	4 565 000	5 213 000
Operating Profit	248 000	431 000	487 000	189 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	248 000	431 000	486 000	189 000
Tax	66 000	95 000	107 000	41 000
Net Income	182 000	336 000	379 000	147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	114 000	173 000	236 000	410 000
Total Current Assets	970 000	1 044 000	846 000	599 000
Total Assets	1 084 000	1 217 000	1 081 000	1 009 000
Total Retained Equity	503 000	321 000	285 000	506 000
Total Equity	603 000	421 000	385 000	606 000
Total Long-Term Debt	0	6 000	11 000	13 000
Total Current Debt	481 000	791 000	685 000	390 000
Total Equity and Debt	1 084 000	1 217 000	1 081 000	1 009 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 390 000	5 540 000	5 007 000	5 391 000
Other Income	0	0	45 000	12 000
Revenue	5 390 000	5 540 000	5 052 000	5 403 000
Cost of Goods Sold	2 119 000	2 145 000	1 847 000	2 045 000
Salary Costs	1 418 000	1 514 000	1 362 000	1 699 000
Depreciation	60 000	62 000	72 000	28 000
Impairment	0	0	0	0
Expenditure	5 143 000	5 108 000	4 565 000	5 213 000
Operating Profit	248 000	431 000	487 000	189 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	300 000	300 000	0
Net Income	182 000	336 000	379 000	147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	3 000	18 000
Machinery and Plant Facilities	0	27 000	24 000	0
Fixtures	114 000	147 000	209 000	392 000
Total Tangible Assets	114 000	173 000	236 000	410 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	114 000	173 000	236 000	410 000
Stock	120 000	92 000	138 000	96 000
Total Investments	0	0	0	0
Cash, Bank	438 000	482 000	359 000	52 000
Total Current Assets	970 000	1 044 000	846 000	599 000
Total Assets	1 084 000	1 217 000	1 081 000	1 009 000
Total Equity	603 000	421 000	385 000	606 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	6 000	11 000	13 000
Creditors	79 000	55 000	−48 000	19 000
Unpaid Taxes	188 000	168 000	198 000	178 000
Dividends	0	300 000	300 000	0
Other Current Debt	143 000	167 000	127 000	170 000
Total Current Debt	481 000	791 000	685 000	390 000
Total Equity and Debt	1 084 000	1 217 000	1 081 000	1 009 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,18 %	79,81 %	98,44 %	24,26 %
Debt-to-Equity Ratio	0	0,01	0,03	0,02
Operating Profit Margin	4,6 %	7,78 %	9,64 %	3,5 %
Current Ratio	2,02	1,32	1,24	1,54
Quick Ratio	2,69	1,49	1,55	2,04
Equity Ratio	0,56	0,35	0,36	0,6
Gross Profit Margin	60,69 %	61,28 %	63,44 %	62,15 %